Singapore recently announced that it will commence a land reclamation project to create a “Long Island” on the eastern coast of the city-state. The threat of rising sea levels is growing for Singapore. With around 30% of its land less than five meters above mean sea...
During the World Climate Action Summit a senior Minister announced that Singapore is aiming to raise USD 6.6 billion in green funding for Southeast Asia by creating international partnerships. At home, Singapore is raising its climate targets, setting a goal of...
Siltronic, a major player in the semiconductor industry, has achieved a significant milestone with the production of the first wafers in its new state-of-the-art 300 mm fabrication facility (fab) in Singapore. This marks a key step in the strategic expansion of...
In December 2023, Singapore’s second National AI Strategy (NAIS 2.0) was officially launched to uplift Singapore’s collective economic and social potential over the next three to five years, which details the 15 actions that Singapore will take to propel its AI...
ImmunoScape, a biotechnology company focused on next-generation T Cell receptor (TCR)-based immunotherapies, has announced a partnership with the Experimental Drug Development Centre (EDDC), Singapore’s national platform for drug discovery and development hosted by...
Singapore marked a significant milestone in its trade relations by signing a groundbreaking free trade agreement (FTA) with four South American countries – Argentina, Brazil, Paraguay, and Uruguay, collectively known as Mercosur. This agreement, signed on...
Sembcorp Industries (Sembcorp), a key player in Singapore’s energy sector, has announced its 2023-2028 strategic plan, reaffirming its commitment to transform its portfolio from brown to green and drive energy transition. In line with Sembcorp’s strategic...
In November 2023, Singapore’s Ministry of Defense (MINDEF) has signed a contract with Fr. Fassmer GmbH & Co. KG to acquire four new Offshore Patrol Vessels (OPVs) to replace the current Sentinel-class Maritime Security and Response Vessels (MSRVs). The ships...
Vital Meat, a French cultivated meat company, has recently announced its initiative to enter the Singaporean market with its innovative product, Vital Chicken. The company has submitted a pre-market regulatory dossier to the Singapore Food Agency (SFA), seeking...
The Minister of Maritime Affairs and Fisheries of Indonesia has recently expressed confidence in the nation’s potential to emerge as a prominent lobster producer in Southeast Asia. This optimism originates from the government’s ongoing efforts to promote...
Indonesia plans to provide tax incentives for automakers intending to establish electric vehicle (EV) plants, including exemptions on import duties for fully manufactured EVs until 2025. This effort, announced in a recent presidential decree, seeks to attract further...
Black & Veatch, a US company leader in critical infrastructure solutions, has recently undertaken a feasibility study for Augustus Global Investment (AGI), a Germany-based investment firm specializing in infrastructure and energy. The study focuses on the...
